Archer Q2 FY26 EBITDA rises 14% year over year to $44.9 million; revenue totals $262.6 million

Reuters2026/08/13 05:33

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Archer posted Q2 2026 record EBITDA of USD 44.9 million, up 14% year over year on a divestment-adjusted basis.
EBITDA margin widened to 17.1%, while revenue totaled USD 262.6 million.
EBITDA before exceptional items came in at USD 47.7 million; backlog including options climbed to USD 3.9 billion.
Net backlog additions were about USD 0.5 billion since Q1, with 80%-90% of expected 2027 revenue already contracted.
Completed a USD 30 million tap issue under senior secured bonds due 2030; reiterated full-year guidance, keeping Q3 distribution at NOK 0.62 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Archer Limited published the original content used to generate this news brief via Cision (Ref. ID: 20260812:BIT:7015:0) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Archer Q2 FY26 EBITDA rises 14% year over year to $44.9 million; revenue totals $262.6 million

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